News Topic: UBS

The two U.S. banks and Barclays have agreed to pay $91 million to settle claims that traders colluded to manipulate rates over a six-year span. ... Read full article

State Street, BNY Mellon, UBS and Credit Suisse are among the banks that have created a company to bring their idea of a utility settlement coin to life. ... Read full article

Christian Sewing ready to make "tough cutbacks" while UBS may need a new strategy; SEC says Robert C. Morgan misled banks with fake loan papers. ... Read full article

The bank plans rollout of a global cash management business; the lead Democrat on the Senate Banking Committee “not optimistic” about privatization. ... Read full article

The special counsel’s long-awaited report describes three separate occasions in which Foresman, vice chairman of the Swiss company’s investment bank, had Trump-related contacts with Russians. ... Read full article

The former lawmaker joins the Swiss bank after years of pushing for bank deregulation as chairman of the House Financial Services Committee. ... Read full article

Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks. ... Read full article

The system is designed to help banks deliver more personalized financial advice and is meant as a challenge to traditional bank technology vendors. ... Read full article

The Swiss bank’s CEO calls the trading environment “one of the worst in recent history”; 10,000 of German bank's U.S. employees fret over their future. ... Read full article

Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave. ... Read full article

The Fed vice chair says regulators need to be on the “cutting edge” at spotting vulnerabilities; firm looks to win over future millionaires. ... Read full article

The Fed and FDIC found fault with resolution plans filed by four of the largest foreign lenders, though none of the shortcomings were severe enough to warrant rejecting the "living wills." ... Read full article

Trustology protects private keys to digital assets the way parking valets look after car keys. ... Read full article

The agency's mortgage insurance fund has big potential shortfall; Howard Wilkinson can tell U.S. regulators and law enforcement agencies what he knows. ... Read full article

The Swiss banking giant has been accused of helping wealthy French clients hide assets from tax authorities. ... Read full article

UBS Group sold tens of billions of dollars' worth of residential mortgage-backed securities by "knowingly and repeatedly" making false and fraudulent statements to investors about the loans backing those trusts, the U.S. Justice Department ... Read full article

The OCC is looking into problems in the bank’s technology operations; banks turn to untraditional methods to raise revenue from research. ... Read full article

At American Banker's annual Most Powerful Women in Banking gala on Thursday evening in New York, honorees urged the industry to promote more women and people of color. ... Read full article